All articles by Jennifer Creevy – Page 28
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NewsTesco reports subdued UK sales, but international holds up
Tesco has reported UK like-for-like sales excluding petrol and VAT down 0.1% in its first quarter to May 28, reflecting the subdued market.
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NewsMatalan EBITDA dips as snow hits Q4 trading
Matalan has reported a 7.4% dip in EBITDA in its full year results, which the value retailer said reflected the impact of the snow in its fourth quarter.
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NewsCity sceptical about HMV’s restructuring
Questions remain over HMV’s long-term prospects despite its £220m lifeline
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NewsMorrisons kicks off own-brand review
Morrisons is meeting with suppliers today to kick start a major own-brand review.
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NewsHaldanes blames Co-op for forcing it to file for administration order
Convenience store group Haldanes has filed for an administration order, with the owners blaming the Co-op for its woes.
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NewsWholesale florist bought out by grocer Morrisons
Morrisons has bought wholesale flower business Flower World as a further step in its vertical integration strategy.
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NewsM&S to shake-up executive pay plan
Marks & Spencer is to shake-up its executive pay plan, it is understood.
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NewsAsda sets up skills academy
Asda has set up a skills academy in partnership with City & Guilds.
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NewsJD Sports like-for-likes dip in line with expectations
JD Sports Fashion has suffered continued declining like-for-like sales but said trading is in line with expectations.
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NewsHalfords profits up 7.2% but retail sales remain tough
Halfords has reported underlying pre-tax profit up 7.2% to £125.6m in its full year figures despite the tough trading environment.
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NewsTesco appoints digital and marketing officer
Tesco has appointed Matt Atkinson as group digital and marketing officer.
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NewsHMV secures refinancing lifeline
HMV has been given a lifeline by its banks as it has secured a new two-year refinancing plan worth £220m.
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NewsBad weather hits John Lewis sales
John Lewis sales were down 0.8% for the week to May 28 as the bad weather hit and the department store chain was up against tough comparisons on the previous year with World Cup sales.
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NewsMorrisons saves up promotions for shoppers’ payday blowout
Morrisons has shaken up its promotional activity to tie in with the new shopper habits emerging in the tough economic climate.
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NewsHalfords hit by £7.3m liability following Focus DIY collapse
Halfords has been hit by a £7.3m liability following the collapse of Focus DIY.
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NewsLaura Ashley like-for-likes down 1.3% as it closes unprofitable stores
Laura Ashley has reported like-for-like sales slid 1.3% in the 17 weeks to May 28, due largely to the closure of unprofitable stores.
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NewsSir Stuart Rose calls for review into gap between executive and staff pay
Former Marks & Spencer boss Sir Stuart Rose has called for a review into the widening gap between executive pay and staff wages.
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NewsShareholders force Tesco to alter directors’ remuneration package
Tesco has simplified its remuneration packages for its executive directors after nearly a third of shareholders voted against its remuneration policy at last year’s AGM.
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NewsBurberry most popular FTSE 100 company on Facebook
Luxury fashion retailer Burberry has emerged the most popular FTSE 100 company on Facebook with more than six million followers.
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NewsTopps Tiles profits and sales flat
Topps Tiles has reported adjusted pre-tax profit edged down from £7.8m to £7.2m in its interim report for the 26 weeks to April 2.